Auburn homes are sitting 16 days longer than last spring — even as prices climb
Inventory in the Placer County town jumped 26% year-over-year in March, giving buyers more choice but pushing the median sale price to $690,000.
Inventory in the Placer County town jumped 26% year-over-year in March, giving buyers more choice but pushing the median sale price to $690,000.
The median home took 20 days to sell in March, up from 11 a year ago, even as buyers paid $388 less per month thanks to lower prices and rates.
Median days on market dropped to just 10 in March, down from 20 a year earlier, as more than half of homes sold above asking price.
The small Placer County town's median sale price fell nearly 14% year-over-year in March, even as price per square foot climbed and inventory loosened.
The March median sale price jumped 16% year-over-year to $1.05 million, even as homes sold faster and inventory stayed nearly identical to a year ago.
Even as the median price climbed nearly 4% year-over-year in March, buyers took far longer to commit and nearly a third of listings cut their asking price.
Prices climbed more than 10% year-over-year in March, even as inventory grew and homes took four extra days to sell compared with last spring.